11 Cheap Stocks With Unbelievable High Dividends (2024)

Stockswith very high yields and low price ratios originally published at "long-term-investments.blogspot.com". Some of my readersoften ask themselves what are the highest yielding stocks at the market. Whenthey read articles about the highest dividend paying shares they noticed PitneyBowes, who is also a S&P 500 member, or Annaly Capital Management.

Bothhave a double digit yield at a higher market capitalization and investors ofthe early round have made their first money with these stocks. The market isstill in doubt and I am too because I don’t like stocks with a very high yieldand huge debt loads. I'm a believer of dividend growth and I like stocks witha yield between 1-2 percent much more when they increase them with adouble-digit rate.


PBIhas gained 44 percent over the recent quarter and has now a yield below the 10 percentmark but the P/E ratio is still in a single-digit range. Today I like to publishall higher capitalized dividend stocks (over $2 billion market capitalization)with a low P/E ratio (under 15).Eleven stocks fulfilled these criteria of whicheight have a buy or better recommendation.


Here are my favorite stocks:

If you like to receive more news and regular dividendupdates, you should subscribe to my free E-Mail list.Alternative, you can follow meonFacebookorTwitter.


ARMOUR Residential (NYSE:ARR) has a market capitalization of $2.38 billion. The company generates revenue of $308.85 million and has a net income of $222.31 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $222.28 million. The EBITDA margin is 71.97 percent (the operating margin is 71.97 percent and the net profit margin 71.98 percent).

Financial Analysis:The total debt represents 87.96 percent of the company’s assets and the total debt in relation to the equity amounts to 795.84 percent. Due to the financial situation, a return on equity of 15.02 percent was realized. Twelve trailing months earnings per share reached a value of $0.98. Last fiscal year, the company paid $1.20 in the form of dividends to shareholders.

Market Valuation:Here are the price ratios of the company: The P/E ratio is 6.51, the P/S ratio is 7.71 and the P/B ratio is finally 0.85. The dividend yield amounts to 13.19 percent and the beta ratio has a value of 0.20.

11 Cheap Stocks With Unbelievable High Dividends (2)
Long-Term Stock History Chart Of ARMOUR Residential (ARR)
11 Cheap Stocks With Unbelievable High Dividends (3)
Long-Term Dividends History of ARMOUR Residential (ARR)
11 Cheap Stocks With Unbelievable High Dividends (4)
Long-Term Dividend Yield History of ARMOUR Residential (ARR)


Annaly Capital Management (NYSE:NLY) has a market capitalization of $14.83 billion. The company employs 147 people, generates revenue of $3.259 billion and has a net income of $1.735 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2.198 billion. The EBITDA margin is 67.45 percent (the operating margin is 54.36 percent and the net profit margin 53.26 percent).

Financial Analysis:The total debt represents 78.99 percent of the company’s assets and the total debt in relation to the equity amounts to 662.00 percent. Due to the financial situation, a return on equity of 11.09 percent was realized. Twelve trailing months earnings per share reached a value of $1.70. Last fiscal year, the company paid $2.05 in the form of dividends to shareholders.

Market Valuation:Here are the price ratios of the company: The P/E ratio is 9.21, the P/S ratio is 4.55 and the P/B ratio is finally 0.99. The dividend yield amounts to 11.49 percent and the beta ratio has a value of 0.31.

11 Cheap Stocks With Unbelievable High Dividends (5)
Long-Term Stock History Chart Of Annaly Capital Management (NLY)
11 Cheap Stocks With Unbelievable High Dividends (6)
Long-Term Dividends History of Annaly Capital Management (NLY)
11 Cheap Stocks With Unbelievable High Dividends (7)
Long-Term Dividend Yield History of Annaly Capital Management (NLY)


VimpelCom (NYSE:VIP) has a market capitalization of $24.15 billion. The company employs 65,950 people, generates revenue of $23.061 billion and has a net income of $1.982 billion. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $9.177 billion. The EBITDA margin is 39.79 percent (the operating margin is 18.09 percent and the net profit margin 8.59 percent).

Financial Analysis:The total debt represents 46.88 percent of the company’s assets and the total debt in relation to the equity amounts to 174.56 percent. Due to the financial situation, a return on equity of 14.84 percent was realized. Twelve trailing months earnings per share reached a value of $1.32. Last fiscal year, the company paid $0.80 in the form of dividends to shareholders.

Market Valuation:Here are the price ratios of the company: The P/E ratio is 8.92, the P/S ratio is 0.83 and the P/B ratio is finally 1.62. The dividend yield amounts to 6.80 percent and the beta ratio is not calculable.

11 Cheap Stocks With Unbelievable High Dividends (8)
Long-Term Stock History Chart Of VimpelCom (VIP)
11 Cheap Stocks With Unbelievable High Dividends (9)
Long-Term Dividends History of VimpelCom (VIP)
11 Cheap Stocks With Unbelievable High Dividends (10)
Long-Term Dividend Yield History of VimpelCom (VIP)

Take a closer look at the full list of cheap stocks with 10+ percentyields. The average P/E ratio amounts to 7.94and forward P/E ratio is 8.32. The dividend yield has a value of 15.13 percent.Price to book ratio is 1.10 and price to sales ratio 4.96. The operating marginamounts to 31.45 percent and the beta ratio is 0.39. Stocks from the list havean average debt to equity ratio of 3.99.

Here is the full table withsome fundamentals (TTM):

11 Cheap Stocks With Very High Yields (Click to enlarge)

If you like this list, please give us a Facebook Like, make a tweet or post a comment on the Dividend Yield Page!

Related stock tickersymbols:

VIP, EBR, APO,TWO, AGNC, ARR, KKR, CYS, IVR, NLY, HTS

Selected Articles:

*Ihave no positions in any stocks mentioned, and no plans to initiate anypositions within the next 72 hours. I receive no compensation to write aboutany specific stock, sector or theme.

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11 Cheap Stocks With Unbelievable High Dividends (2024)

FAQs

What are the three dividend stocks to buy and hold forever? ›

With that out of the way, here are three of the cheapest Dividend Aristocrats in the market today.
  • Realty Income Corp (O)
  • Franklin Resources (BEN)
  • Amcor Plc (AMCR)
2 days ago

What is the most profitable dividend stock? ›

10 Best Dividend Stocks to Buy
  • Verizon Communications VZ.
  • Johnson & Johnson JNJ.
  • Altria Group MO.
  • Comcast CMCSA.
  • Medtronic MDT.
  • Duke Energy DUK.
  • PNC Financial Services PNC.
  • Kinder Morgan KMI.
May 3, 2024

Which penny stock gives the highest dividend? ›

Best Dividend Paying Penny Stocks In India
NameClose Price (Rs)1M Return (%)
Taparia Tools Ltd3.70
Vivanta Industries Ltd4.06-0.25
Veeram Securities Ltd9.24-1.45
Comfort Intech Ltd10.04-4.67
2 more rows
May 7, 2024

What are the best cheap dividend stocks in 2024? ›

3 Cheap Dividend Stocks to Buy Now: May 2024
  • Below are the three best cheap dividend stocks to snap up in May.
  • JPMorgan Chase (JPM): The stock is cheap and in the strongest financial position in the company's history.
  • NextEra Energy (NEE): Management has maintained its 10% dividend growth forecast through 2026.
2 days ago

What are the seven stocks to buy and hold forever? ›

7 Dividend Stocks to Buy and Hold Forever
StockForward Yield*
Home Depot Inc. (HD)2.6%
Merck & Co. Inc. (MRK)2.4%
Chevron Corp. (CVX)4%
Coca-Cola Co. (KO)3.1%
3 more rows

What is the best and safest dividend stock? ›

Top 25 High Dividend Stocks
TickerNameDividend Safety
EPDEnterprise Products PartnersSafe
ENBEnbridgeSafe
VZVerizonSafe
TAT&TBorderline Safe
6 more rows
6 days ago

What are the three best dividend stocks? ›

15 Best Dividend Stocks to Buy for 2024
StockDividend yield
Pfizer Inc. (PFE)6.6%
Coca-Cola Co. (KO)3.3%
Johnson & Johnson (JNJ)3.4%
Prologis Inc. (PLD)3.7%
11 more rows
Apr 19, 2024

What stock pays dividends monthly? ›

7 Best Monthly Dividend Stocks to Buy Now
Monthly Dividend StockMarket capitalizationTrailing-12-month dividend yield
Cross Timbers Royalty Trust (CRT)$79 million11.1%
Permian Basin Royalty Trust (PBT)$555 million5.8%
PennantPark Floating Rate Capital Ltd. (PFLT)$701 million10.8%
Agree Realty Corp. (ADC)$5.9 billion5.0%
3 more rows
May 6, 2024

What is a dividend king? ›

May 14, 2024 - 5:38 PM. 3M has officially ended its reign as one of a few Dividend Kings, a small class of companies that have consistently increased dividends for 50 years.

What are the top 10 dividend stocks to buy? ›

20 high-dividend stocks
CompanyDividend Yield
Peoples Financial Services Corp (PFIS)8.68%
Evolution Petroleum Corporation (EPM)8.68%
Chord Energy Corp (CHRD)8.53%
Washington Trust Bancorp, Inc. (WASH)8.48%
17 more rows
May 8, 2024

What are the best dividend stocks to buy right now? ›

Johnson & Johnson (NYSE:JNJ), The Procter & Gamble Company (NYSE:PG), and The Coca-Cola Company (NYSE:KO) are some of the best dividend stocks for long-term investments as these companies have raised their payouts for decades, which shows their sound financial position.

Which penny stock has potential? ›

Penny Stocks To Buy Today
Company NameLTPMarket Cap (in Cr)
DIL7.9126.12
Kanani Industries3.770.24
Dynamic Cables Ltd583.851151.22
Hilton Metal Forging112.5226.28
1 more row

What are the cheapest dividend paying stocks? ›

10 Best Cheap Dividend Stocks to Buy Under $20
StockImplied Upside Over March 20 CloseForward Dividend Yield
Cenovus Energy Inc. (CVE)4%2.2%
Orange SA (ORAN)12%6.5%
Telefonica SA (TEF)5.1%7.6%
Nokia Corp. (NOK)53.2%3.6%
6 more rows
Mar 21, 2024

What stock will boom in 2024? ›

10 Best Growth Stocks to Buy for 2024
StockImplied upside from April 25 close*
Tesla Inc. (TSLA)23.4%
Mastercard Inc. (MA)19%
Salesforce Inc. (CRM)20.8%
Advanced Micro Devices Inc. (AMD)30.1%
6 more rows
Apr 26, 2024

What are the best monthly dividend stocks in 2024? ›

Top monthly dividend stocks for 2024
Monthly Dividend StockTicker SymbolDividend Yield
LTC Properties(NYSE:LTC)6.8%
Realty Income(NYSE:O)5.7%
SL Green(NYSE:SLG)6.1%
STAG Industrial(NYSE:STAG)4.2%
3 more rows
May 3, 2024

What are the three stocks to own for monthly dividends? ›

7 Best Monthly Dividend Stocks to Buy Now
Monthly Dividend StockMarket capitalizationTrailing-12-month dividend yield
Realty Income Corp. (O)$48 billion5.6%
Cross Timbers Royalty Trust (CRT)$79 million11.1%
Permian Basin Royalty Trust (PBT)$555 million5.8%
PennantPark Floating Rate Capital Ltd. (PFLT)$701 million10.8%
3 more rows
May 6, 2024

What are the three dividend stocks for passive income? ›

Building Long-Term Passive Income

The three Dividend Kings discussed in this article – Procter & Gamble, Johnson & Johnson and Coca-Cola – have demonstrated their ability to reward shareholders with rising payouts for over five decades.

Which stock to hold for long term? ›

best long term stocks
S.No.NameQtr Sales Var %
1.Ksolves India35.17
2.Network People207.14
3.Tips Industries21.61
4.Waaree Renewab.344.38
23 more rows

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